Japanese Prime Minister Takaichi rejects criticism around weak yen and high interest rates

Japanese Prime Minister Takaichi strongly rejected criticism linking her administration's economic policies to the ongoing weakness of the yen and increasing Japanese Government Bond yields. The currency has faced intense downward pressure against the US dollar, raising import costs and drawing scrutiny from global markets. Critics argue that loose fiscal stances and hesitance around aggressive monetary tightening are fueling the foreign exchange volatility. However, the prime minister maintained that external macroeconomic factors and broad dollar strength are the primary drivers of the currency dynamics. Market participants continue to monitor official rhetoric closely for any intervention signals or shifts in the central bank's policy trajectory.